Weekly Roundup

Fri, 2014-02-14 16:03

Our latest weekly roundup covers news on Grameen America Board Chair Muhammad Yunus as he made CNBC's list of 200 people who transformed business over the years. Also, a look into how credit debt can help the poor and how the elimination of poverty is said to be possible by 2035.

Professor Muhammad Yunus has been named a contender for CNBC: First 25 top leaders, a definitive list of people who have had the greatest influence, sparked the biggest changes and caused most disruption in business over the past quarter century. Vote for him here.

“If you’re poor, borrowing can be the quickest way to save”. With more than 70 percent of Americans having a credit card, it is said that saving and borrowing responsibly amount to higher credit scores and better financial standing. Read the New York Times article here.

Bill Gates declared that "by 2035, there will be almost no poor countries left in the world". The Grameen Foundation agrees with Gates' assertion due to the constant fall of poverty rates in the past three decades. Read the blog here.